Overview
What is Sitka Music Festival Foundation?
The Sitka Music Festival Foundation is a charitable organization located at 104 Jeff Davis Street, Sitka, AK 99835. Its primary function is to manage an investment portfolio, generating income to aid the operations of the Sitka Music Festival Inc., a nonprofit organization that presents music concerts for the public in Alaska. This income, in turn, supports the Sitka Music Festival, a 501(c)(3) organization. The Sitka Music Festival Foundation contributes financially to a series of chamber music performances, offering these cultural experiences to various Alaskan communities.
Is Sitka Music Festival Foundation legitimate?
Sitka Music Festival Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sitka Music Festival Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Sitka Music Festival Foundation?
The Sitka Music Festival Foundation supports the operations of the Sitka Music Festival Inc., which provides chamber music concerts for the public in Alaska. The organization manages an investment portfolio to generate income, with future earnings intended to assist the festival's activities. By doing so, the foundation contributes to promoting musical experiences in Alaska. The foundation's mission is not solely limited to funding performances but also aims to support the Sitka Music Festival, a 501(c)(3) organization, in its endeavors.
Who is the CEO of Sitka Music Festival Foundation?
Susan Carlson is the President of Sitka Music Festival Foundation.
What is the revenue of Sitka Music Festival Foundation?
Sitka Music Festival Foundation's revenue in 2022 was $106,253.
Who are the executives of Sitka Music Festival Foundation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Sitka Music Festival Foundation?
Sitka Music Festival Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sitka Music Festival Foundation
The Sitka Music Festival Foundation plays a crucial role in supporting the Sitka Music Festival Inc. This organization's primary mission is to fund a series of chamber music performances across Alaska. By overseeing the management of an investment portfolio, the Sitka Music Festival Foundation generates income to aid the operations of the Sitka Music Festival Inc., which provides music concerts for the public in Alaska. The future income generated by this foundation will continue to support the Sitka Music Festival, a 501(c)(3) organization, in its mission to enrich the musical landscape of Alaska.
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Impact
October, 2024
The Sitka Music Festival Foundation plays a vital role in enriching the cultural landscape of Alaska through its support of the Sitka Music Festival Inc. By funding a series of chamber music performances, it brings world-class musical experiences to communities across the state. This initiative not only showcases talented musicians but also fosters a deeper appreciation for the arts among residents and visitors alike.
Through strategic oversight of an investment portfolio, the foundation generates income that directly assists the operations of the Sitka Music Festival. This financial support ensures the continuation and expansion of concerts, creating opportunities for local audiences to engage with exceptional performances. Ultimately, the foundation's efforts contribute to the vibrancy of Alaska’s artistic community, making music more accessible and integral to the region's cultural identity.
This information is meant to be a general summary of Sitka Music Festival Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $100,955
- Gross Receipts: $658,052
Assets and Liabilities:
- Total Assets: $1,249,491
- Total Liabilities: $0
- Net Assets: $1,249,491
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Organization Details
Founding Year
1981
Phone
(907) 747-6774Principal Officer
Susan Carlson
Main Address
104 JEFF DAVIS STREET, SITKA, AK, 99835
NTEE Category
Code: A680 - Arts
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